Financial Position in the Fund for Cote d'Ivoire as of May 31, 2015

IMF Finances

Transactions with
the Fund

Credit Outstanding

Projected Payments

IMF Members'
Financial Data by
Country

See Also:
Heavily Indebted Poor
Countries (HIPC)

Cote d'Ivoire: Financial Position in the Fund
as of May 31, 2015

Summary of IMF members' quota, reserve tranche position, SDR holdings, outstanding credit, recent lending arrangements, projected payments due to the IMF, and historical transactions with the IMF.

I. Membership Status: Joined: March 11, 1963;

II. General Resources Account:	SDR Million	%Quota
Quota	325.20	100.00
IMF's Holdings of Currency (Holdings Rate)	324.15	99.68
Reserve Tranche Position	1.05	0.32

III. SDR Department:	SDR Million	%Allocation
Net cumulative allocation	310.90	100.00
Holdings	256.80	82.60

IV. Outstanding Purchases and Loans:	SDR Million	%Quota
ECF Arrangements	621.78	191.20
RCF Loans	81.30	25.00

V. Latest Financial Commitments:
Arrangements:
	Date of	Expiration	Amount Approved	Amount Drawn
Type	Arrangement	Date	(SDR Million)	(SDR Million)
ECF	Nov 04, 2011	Dec 31, 2015	520.32	422.76
ECF ^1/	Mar 27, 2009	Jun 23, 2011	373.98	230.89
ECF ^1/	Mar 29, 2002	Mar 28, 2005	292.68	58.54
^1/ Formerly PRGF.

Outright Loans:
	Date of	Date	Amount Approved	Amount Drawn
Type	Commitment	Drawn/Expired	(SDR Million)	(SDR Million)
RCF	Jul 08, 2011	Jul 19, 2011	81.30	81.30
^1/ Undrawn outright disbursements (RFI and RCF) expire automatically 60 days following the date of commitment, i.e. Board approval date.

VI. Overdue Obligations and Projected Payments to Fund ^2/
(SDR Million; based on existing use of resources and present holdings of SDRs):
		Forthcoming
		2015	2016	2017	2018	2019
Principal		23.09	46.18	85.20	109.59	113.17
Charges/Interest		0.01	0.03	0.03	0.03	1.00
Total		23.10	46.21	85.23	109.62	114.17

^2/ When a member has overdue financial obligations outstanding for more than three months, the amount of such arrears will be shown in this section.

VII. Implementation of HIPC Initiative:
	Original	Enhanced
I. Commitment of HIPC assistance	Framework	Framework	Total
Decision point date	Mar 1998	Apr 2009
Assistance committed
by all creditors (US$ Million) ^1/	345.00	3,109.58
Of which: IMF assistance (US$ million)	22.50	38.66
(SDR equivalent in millions)	16.70	25.85
Completion point date	--	Jun 2012

II. Disbursement of IMF assistance (SDR Million)
Assistance disbursed to the member	--	25.85	25.85
Interim assistance	--	15.13	15.13
Completion point balance	--	10.72	10.72
Additional disbursement of interest income ^2/	--	0.57	0.57
Total disbursements	--	26.42	26.42
^1/ Assistance committed under the original framework is expressed in net present value (NPV) terms at the completion point, and assistance committed under the enhanced framework is expressed in NPV terms at the decision point. Hence these two amounts can not be added.
^2/ Under the enhanced framework, an additional disbursement is made at the completion point corresponding to interest income earned on the amount committed at the decision point but not disbursed during the interim period.

VIII. Implementation of Multilateral Debt Relief Initiative (MDRI): Not Applicable

IX. Implementation of Catastrophe Containment and Relief (CCR): Not Applicable
As of February 4, 2015, the Post-Catastrophe Debt Relief Trust has been transformed to the Catastrophe Containment and Relief (CCR) Trust.
_________________
Decision point - point at which the IMF and the World Bank determine whether a country qualifies for assistance under the HIPC Initiative and decide on the amount of assistance to be committed.
Interim assistance - amount disbursed to a country during the period between decision and completion points, up to 20 percent annually and 60 percent in total of the assistance committed at the decision point (or 25 percent and 75 percent, respectively, in exceptional circumstances).
Completion point - point at which a country receives the remaining balance of its assistance committed at the decision point, together with an additional disbursement of interest income as defined in footnote 2 above. The timing of the completion point is linked to the implementation of pre-agreed key structural reforms (i.e., floating completion point).

Prepared by Finance Department

Disclaimer
The information provided is for your convenience and is not intended to replace other official IMF reports and statements.